BNR Udyog (BOM:530809) Cyclically Adjusted PB Ratio: (As of Sep. 12, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:530809 BNR Udyog Ltd BOM:530809
55 GF Score
Price ₹37.06
GF Value ₹66.25
Valuation Significantly Undervalued
! 2 Warning Signs
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What is BNR Udyog Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


BNR Udyog  (BOM:530809) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


BNR Udyog Cyclically Adjusted PB Ratio Related Terms


BNR Udyog Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BNR Udyog's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BNR Udyog Cyclically Adjusted PB Ratio Chart

BNR Udyog Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 1.99 2.34 2.60 1.33

BNR Udyog Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 2.02 0.00 1.33 0.00

BOM:530809 vs CTAS, CPRT, GPN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, BNR Udyog's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BNR Udyog Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, BNR Udyog's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where BNR Udyog's Cyclically Adjusted PB Ratio falls into.


BOM:530809
55GF Score
BNR Udyog Ltd BOM:530809
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BNR Udyog Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

BNR Udyog's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, BNR Udyog's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

BNR Udyog Quarterly Data

Book Value per Share CPI Adj_Book
201609 18.209 105.961 28.760
201612 0.000 105.196 0.000
201703 15.317 105.196 24.368
201706 0.000 107.109 0.000
201709 15.900 109.021 24.408
201712 0.000 109.404 0.000
201803 15.121 109.786 23.050
201806 0.000 111.317 0.000
201809 14.374 115.142 20.892
201812 0.000 115.142 0.000
201903 13.830 118.202 19.581
201906 0.000 120.880 0.000
201909 12.371 123.175 16.808
201912 0.000 126.235 0.000
202003 11.480 124.705 15.406
202006 0.000 127.000 0.000
202009 12.879 130.118 16.565
202012 0.000 130.889 0.000
202103 13.444 131.771 17.075
202106 0.000 134.084 0.000
202109 15.561 135.847 19.170
202112 0.000 138.161 0.000
202203 15.304 138.822 18.450
202206 0.000 142.347 0.000
202209 19.160 144.661 22.166
202212 0.000 145.763 0.000
202303 19.295 146.865 21.987
202306 0.000 150.280 0.000
202309 34.424 151.492 38.029
202312 0.000 152.924 0.000
202403 34.114 153.035 37.307
202406 0.000 155.789 0.000
202409 35.713 157.882 37.856
202412 0.000 158.323 0.000
202503 32.286 157.552 34.295
202506 0.000 159.755 0.000
202509 32.943 162.289 33.972
202512 0.000 163.281 0.000
202603 30.297 164.272 30.866
202606 0.000 167.357 0.000

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is BNR Udyog (BOM:530809) Overvalued in 2026?

Based on GuruFocus' analysis, BNR Udyog stock appears to be undervalued. The current stock price of ₹37.06 is trading 44.1% below its estimated GF Value™ of ₹66.25. GuruFocus considers BNR Udyog to be Significantly Undervalued.

Key valuation signals for BOM:530809:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹66.25 vs. price of ₹37.06 (44.1% below fair value)
  • GF Score™: 55/100 with 2 warning signs

No single metric tells the full story. See the BOM:530809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BNR Udyog Business Description

Address Maheshwari Chambers, 6-3-650, 218, 2nd Floor, Somajiguda, Hyderabad, TG, IND, 500082
BNR Udyog Ltd engages in the provision of financial investment, business support, and real estate services. It operates through the following segments: IT& ITES, E-Governance Projects, Business Support Services, Financial Investments, Real Estates, and others. It provides a range of services such as E-governance, information technology, document scanning digitization, software development, data processing, database management services, and others. Geographically, the company's majority revenue comes from India.
55GF Score

Get the complete analysis for BOM:530809

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹37.06
Price
₹66.25
GF Value